309 Allen StThomasvilleGA31792
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Thomasville at 309 Allen St, Thomasville, GA, 31792 uses $64,609 cash to close to unlock $3,465/yr annual cash flow and $289/mo monthly cash flow. Total monthly income runs $1,475/mo, and a $954/mo payment keeps the spread at $289/mo. Purchase price stands at $194,900, and rental yield measures 9.08% with $1,475/mo rent. Return on cash invested shows 25.27% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 131.48% and total cumulative return in cash records $84,951. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,475/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 2007
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31792, Thomasville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,417 (100%) |
| Owner Occupied HU | 5,792 (50.7%) |
| Renter Occupied HU | 4,331 (37.9%) |
| Vacant Housing Units | 1,294 (11.3%) |
| Median Home Value | $244,769 |
| Average Home Value | $318,708 |
Housing Distribution
Address Breakdown
Residential
10,462
Single Family
9,683
Multi-Family
779
Businesses
1,041
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eugene Witherspoon • KeySouth Real Estate Group, Inc
Mls Name: TABRMLS
Mls ID: #925528
Disclaimer: Copyright Thomasville Area Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.